To push electric car sales, OEMs boost incentives

May 22, 2013
Source: The Wall Street Journal

Manufacturers of electric-powered cars are using special discounts and tax incentives to lower the price of these vehicles, causing consumers to consider buying them, according to The Wall Street Journal. The article notes the electric vehicles are less than 1 percent of all vehicle sales in the first four months of this year, but the discounts and subsidies are giving consumers incentive to buy them. Read about the electric car option.